What are management responsibilities under section 302 and 404?


Section 302 requires that corporate management (including the CEO) certify their organization's internal controls on a quarterly and annual basis. Section 404 requires the management of public companies to assess and formally report on the effectiveness of their organization's internal controls.

Business

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The operating ratio for a railroad is a measure of:

a. cost control. b. liquidity. c. earnings to investors. d. borrowing ability. e. liquidity.

Business

Dan asks his agent Jude to drop off some medicines at his mother's house. On his way back, Jude decides to have lunch at a diner two blocks from his workplace

While walking back to work, he jaywalks at a green signal on the road, causing a motorcyclist to hit the curb and injure himself while attempting to avoid hitting Jude. Under the concept of ________, Dan is liable for the injuries caused to the motorcyclist. A) coming and going B) intentional tort C) frolic and detour D) dual-purpose mission

Business

Which force for change can be described as when an employee suggests something innovative, the organization must consider the best way of implementing the idea, which may mean allocating more resources, putting more people to work on the initiative, or coming up with different branding in the case of a new product?

a. Organizational restructuring b. Management changes c. Customers changing preferences d. Intrapreneurship

Business

Certain equipment used at BidSystems was not up to code and could lead to serious injury. While certain employees were aware of this, they did notify their managers. An OSHA inspector discovered the violation, and determined that management had the responsibility to conduct internal audits, which it did not, and therefore should have known about this. Under OSHA, BidSystems has committed a willful violation.

Answer the following statement true (T) or false (F)

Business